Equity Funds: Withdrawals held for more than 1 year are taxed as Long-Term Capital Gains (LTCG) at 10% (beyond the tax-free limit, if applicable). Debt Funds: Withdrawals held for more…
SIP (Systematic Investment Plan): Involves investing a fixed amount regularly into a mutual fund. SWP (Systematic Withdrawal Plan): Involves withdrawing a fixed amount regularly from a mutual fund.